MATTER OF CITY OF NEW YORK


31 A.D.2d 804 (1969)

In the Matter of The City of New York, Appellant, Relative to Acquiring Title to Real Property Required for Washington Street Urban Renewal Project within the Area Bounded by Hubert Street and Other Streets, in The Borough of Manhattan. 105 Barclay St., Inc., et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

February 25, 1969


Final decree, entered October 11, 1967, unanimously affirmed, with $50 costs and disbursements to the respondents. The court in valuing the parcels had the right to take into consideration the fact that the "highest and best use of the property in Section 1 on vesting date was high-rise office buildings." However, the Trial Justice was speaking of the use of the property in the section as a whole if assembled in plots of suitable size for the particular purpose. Therefore...

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